Abbas Iraqchi, Iran's foreign minister, arrived in Geneva a few minutes ago for a new round of diplomatic consultations. According to informed sources, he is scheduled to meet and discuss with Rafael Grossi, Director General of the International Atomic Energy Agency, as well as the Omani foreign minister on Monday. What distinguishes this trip from the usual nuclear negotiations are speculations about Tehran's strategic change. According to unofficial news, Iraqchi has traveled to Geneva this time with a different agenda; his accompanying team apparently has the mission to activate the economic annex of the negotiations.

Crédit Agricole Bank stated that the market focus this week is on the “dollar reset” and assessing foreign demand for US assets; the TIC foreign investment data could determine the short-term direction of the dollar. Traders are also waiting for the release of PCE inflation, PMI indices, and the Federal Reserve meeting minutes to evaluate the next signals for monetary policy. In addition to economic data, the review of trade tariffs at the Supreme Court of the United States is also considered an important market risk. The bank's summary indicates that the dollar has now entered a phase of “conditional stabilization,” and for sustained growth, continued inflows of foreign investors into US markets are needed.

Japan’s economic growth in the final quarter of 2025 was much weaker than expected, with GDP growing only 0.2% annually; this highlights the fragility of domestic demand and the inflation pressure on households. The weak growth is likely temporary and the overall economy and supportive policies remain unchanged. Meanwhile, Japan’s yield curve has steepened, as concerns about the government’s fiscal situation have increased long-term bond yields, and expectations of later rate hikes have lowered short-term yields. This steepening of the yield curve cannot be taken as a signal of economic boom

Switzerland’s economy returned to positive territory at the end of last year with 0.2% growth in Q4, partially offsetting the heavy tariff shock imposed by Donald Trump. However, weak service growth and an almost stagnant industrial sector meant overall performance fell slightly below economists’ forecasts. The strong franc and pressure on export-oriented companies remain a significant risk and may even lead the Swiss National Bank to consider reintroducing negative interest rates. Overall, annual economic growth reached 1.4%, but signs of layoffs and rising uncertainty are visible in the coming months.